-The Economic Times NEW DELHI: India Inc has been conspicuously absent from a four-year-old United Nations-led global initiative against corruption, an unflattering distinction for Indian industry that could also buttress a widespread feeling that doing business in the country is difficult without bribing officials. Not one Indian company has yet joined a global panel of companies steered by the world body to act against corruption in their businesses and pressurise governments...
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Why corruption isn’t a poll issue in Karnataka -Prithvi Datta Chandra Shobhi
-The Indian Express If the BJP finds itself on the back foot today, it isn't because of corruption scandals, but due to the splintering of its social coalition As the stage is set for the state assembly elections in Karnataka, former Prime Minister H.D. Deve Gowda recently made a surprising admission: corruption is not an issue in the upcoming elections, and the precipitous decline in political morality can only be arrested by...
More »Union Minister asks Governors to cancel mining leases in Agency areas
-The Hindu Governors can repeal or amend any law when peace is disturbed: Kishore Chandra Deo VISAKHAPATNAM: Unrelenting in his battle against destruction of tribal habitations for exploitation of forestland and resources, Union Minister for Tribal Affairs V. Kishore Chandra Deo has written letters to Governors of various States asking them to cancel mining leases in the Agency areas. Noting with alarm the growth of extremism in Schedule V areas, the Union Minister...
More »Shut all mines in tribal areas-Iftikhar Gilani
-DNA Tribal minister shoots letter to 9 guvs seeking cancellation of leases. Union tribal affairs minister V Kishore Chandra Deo has asked governors of nine states to invoke their special powers to revoke lease agreements and MoUs signed between state governments and corporates to extract mineral wealth in tribal areas. Pointing out that power lobbies were disregarding land regulations, he castigated the Congress-ruled Andhra Pradesh government. The union minister, who is also...
More »Kisan Credit Cards: Bad loan bubble waiting to burst?-Dinesh Unnikrishnan
-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...
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